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Neopolitan Pizza and Foods (BOM:544269) Return-on-Tangible-Equity : 14.08% (As of Mar. 2024)


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What is Neopolitan Pizza and Foods Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Neopolitan Pizza and Foods's annualized net income for the quarter that ended in Mar. 2024 was ₹20.9 Mil. Neopolitan Pizza and Foods's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹148.6 Mil. Therefore, Neopolitan Pizza and Foods's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 14.08%.

The historical rank and industry rank for Neopolitan Pizza and Foods's Return-on-Tangible-Equity or its related term are showing as below:

BOM:544269' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.28   Med: 10.67   Max: 14.08
Current: 14.08

During the past 3 years, Neopolitan Pizza and Foods's highest Return-on-Tangible-Equity was 14.08%. The lowest was 2.28%. And the median was 10.67%.

BOM:544269's Return-on-Tangible-Equity is ranked better than
68.25% of 1827 companies
in the Consumer Packaged Goods industry
Industry Median: 8.28 vs BOM:544269: 14.08

Neopolitan Pizza and Foods Return-on-Tangible-Equity Historical Data

The historical data trend for Neopolitan Pizza and Foods's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Neopolitan Pizza and Foods Return-on-Tangible-Equity Chart

Neopolitan Pizza and Foods Annual Data
Trend Mar22 Mar23 Mar24
Return-on-Tangible-Equity
2.28 10.67 14.08

Neopolitan Pizza and Foods Semi-Annual Data
Mar22 Mar23 Mar24
Return-on-Tangible-Equity 2.28 10.67 14.08

Competitive Comparison of Neopolitan Pizza and Foods's Return-on-Tangible-Equity

For the Farm Products subindustry, Neopolitan Pizza and Foods's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Neopolitan Pizza and Foods's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Neopolitan Pizza and Foods's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Neopolitan Pizza and Foods's Return-on-Tangible-Equity falls into.


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Neopolitan Pizza and Foods Return-on-Tangible-Equity Calculation

Neopolitan Pizza and Foods's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=20.925/( (138.148+159.08 )/ 2 )
=20.925/148.614
=14.08 %

Neopolitan Pizza and Foods's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=20.925/( (138.148+159.08)/ 2 )
=20.925/148.614
=14.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Neopolitan Pizza and Foods  (BOM:544269) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Neopolitan Pizza and Foods Return-on-Tangible-Equity Related Terms

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Neopolitan Pizza and Foods Business Description

Traded in Other Exchanges
N/A
Address
Vasna Bhayli Road, 434 & 435, SWC Hub, Opposite Rajpath Complex, Vadodara, GJ, IND, 391410
Neopolitan Pizza and Foods Ltd operates in two segments: the restaurant business and the trading of agricultural commodities. In the restaurant business, the company owns and operates its restaurants and operates through a franchise model. The company offers Neopolitan-style pizza, which is a traditional Italian pizza made with fresh ingredients. The menu includes a variety of toppings, and the company offers gluten-free and vegetarian options. In trading of agricultural commodities, the company trades Cereals, Pulses & Grains & Fruits and Vegetables. It generates the majority of revenue from the Trading of Agricultural Commodities segment.

Neopolitan Pizza and Foods Headlines

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